Technical
Financial
Distress signals
Property profile

700 98th SW St Albuquerque, NM 87121

OFF-MARKET
Warehouses
Property ID
US61-0169074
18,946 SF 3.84 ac lot Built 2003
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2003
Total area 18,946 SF
Lot 3.84 ac (167,270 SF)
APN 1-009-056-151-117-3-08-06
UPID US61-0169074

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Storage Facility

Location

700 98th SW St Albuquerque, NM 87121-2137
Albuquerque metro Census 4739 ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.37M
Comparable Approach Comparable
$2.49M
Blend (final) Blend
$615k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $2.0M +30.2%
Commercial (general) $2.0M +27.5%
Restaurant $2.0M +26.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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